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Adoption of fourth industrial revolution 4.0 among Malaysian small and medium enterprises (SMEs)

Bibliographic Data

ID22234346
AuthorsArfan Shahzad (0000-0002-2218-4619, University of Sargodha), Mohd Syarol Azuan bin Zakaria (Northern University of Malaysia), Herbert Kotzab (0000-0002-8973-7847, University of North Florida, corresponding author), Mohammad Makki (0000-0002-7058-5767, Islamia University of Bahawalpur), Muhammad Abdul Majid Makki, Aamir Hussain (0000-0003-2559-1786, Northern University of Malaysia), Julia Fischer (0000-0002-5807-0074, Brandenburg University of Technology Cottbus-Senftenberg)
Year2023
Volume10
Issue1
Publication date2023-10-12
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueHumanities and Social Sciences Communications (JOURNAL)
Journal identifiersISSN: 2662-9992 • E-ISSN: 2662-9992
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1057/s41599-023-02076-0
OpenAlexW4387578632
LanguageEN
Citations received5
References cited56

Using Industrial Revolution 4.0 (IR4.0) technology, companies can upscale their innovation in organizing, managing, and controlling the value chain life cycle. IR4.0 is anticipated to bring challenges and opportunities to developing economies such as Malaysia, but due to its novelty to the Malaysian business community, the concept still needs clarity in its definition for proper understanding and business practice. This paper aims to examine the impact of IR4.0 adoption on Malaysian small and medium enterprises (SMEs) by analyzing the organizational readiness, relative advantage, compatibility, top management support, government regulation, and competitive pressure, and its relationship with the adoption of IR4.0 to Malaysian SMEs. This study framework is based on the diffusion of innovation theory (DOI) and technology–organization–environment (TOE) framework. The study results verified the importance of relative advantage, compatibility, competitive pressure, and top management support as significant predictors of IR4.0 adoption. The study is expected to benefit regulators and business ecosystems in understanding the challenges in implementing IR4.0 in Malaysia and formulating intervention processes and programs for successful IR4.0 adoption

Business · CLARITY · Competitive advantage · Industrial organization · Knowledge management · Novelty · Small and medium-sized enterprises · Computer Science · Digital Transformation in Industry · Economic and Technological Innovation · Innovation and Socioeconomic Development · Marketing

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Unique citing works5
Citations per year2.5
Citation span2024 - 2025 (2)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 5

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